Tumalo currently leans toward sellers, with the market gauge indicating a strong seller’s market. Inventory is extremely limited, with just one active listing in this rolling three-month view. At the same time, only two homes sold, so each new listing can draw outsized attention.
Prices have stayed high but show some softening compared with a year ago. The typical home value over the latest three months is down slightly year over year, while the median list price is up sharply from last year, suggesting sellers are still aiming high even as sale prices edge lower. Homes are taking longer to move, with median days on market jumping steeply over the past year to about four weeks, a noticeable slowdown from prior periods of very fast sales.
Activity levels have pulled back significantly, with new listings and pending sales both down more than half from a year earlier in this rolling window. The share of homes selling above list has dropped to zero, and the average sale-to-list ratio has slipped to about 94 percent, showing buyers have gained a bit more room to negotiate even in a low-inventory environment. With Tumalo’s mix of tight supply, slower pace, and subtle pricing shifts, buyers and sellers can both benefit from a skilled local expert, and Agent Pronto can help connect them with the right agent.
